Repairs, upgrades, and improvements are on the rise. Keep reading to find out what renovation trends are predicted to blow up in 2023.

• Energy Updates

  What’s better than cutting down bills? Updates that improve home energy efficiency are expected to surge in 2023. There are two reasons for this. First, these types of upgrades reduce utility bills and energy usage. Next, the Inflation Reduction Act passed this year offers many tax credits and incentives for Americans who go green. Better insulation and windows, smart thermostats, and solar panels are popular upgrades. Also, water consumption can be reduced by installing low-flow toilets and showerheads.

• Bathroom & Kitchen Updates

  Renovations to these two rooms of the house traditionally offer high returns on investment. In fact, according to Remodeling Magazine, minor kitchen remodels have the third-highest ROI of all home updates. As more people continue to work from home, kitchen updates are also particularly popular.

• Cosmetic Updates & Necessary Repairs

  Since inflation is soaring, expensive renovations simply aren’t an option for many current homeowners. The solution? Make repairs and cosmetic updates. These projects may include switch and outlet repairs, plumbing fixes, and duct and vent upgrades. Affordable projects that boost a home’s aesthetic could be new kitchen finishes and appliances as well as lighting improvements.

• Addressing Natural Disasters & Climate Changes

  Experts predict many consumers will make improvements to protect their home from extreme weather and natural disasters. What kind of upgrades could these be? Anything from raising properties located in flood zones to updating landscaping with fire-resistant options.

• Expanding Outdoor Space

  Lastly, industry leaders say homeowners are looking to maximize their outdoor spaces in the new year. The addition of a deck, patio, or porch are all trending upgrades. Other improvements include fire pits, outdoor kitchens, hot tubs, modern sheds. Modern sheds are built for functionality and can be used as creative studios, wellness spaces, home offices, and more.

No matter what your home upgrade goals are for 2023, we can help. Contact your local real estate specialist today at SurterreProperties.com to start the conversation.

Source: RealEstate.USNews.com